Property prices for sale in Flowood, Rankin County (Mississippi)
The prices in real estate in Flowood, Rankin County, in the Mississippi region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Flowood, Rankin County has increased strongly during the last 6 months. In November, the average price per sq.feet was $200. In the following month the price per sq.feet increased considerably to $2,464. The price for the following two months in (January, February) had a considerable increment of 549 %. The price per sq.feet has had a considerable increase of 168 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $4,319.5 to $7,272 during March, and April.
Based upon to the price in Flowood, Rankin County (cities), these have remained the same in the last 6 months. The average price for November is $507,110. During December the price had a slight fall till $477,723. In the following two months the average price has remained the same with regard to the previous two months from $492,416.5 to $507,541. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $499,978.75 and $489,013.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $514,302 they are 57 % more affordable than the average price for Flowood, Rankin County. The properties with the lowest average price have 1 bedroom, Their price is 56 % cheaper than the average. After that we have properties with 3 bedrooms priced at $223,185.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $42 / sq.feet, with an average $204 / sq.feet price in Flowood, Rankin County. The properties with the lowest average prices have 1 bedroom. They are 67 % cheaper than the average followed by properties with 3 bedrooms with a price at $58 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $514,302 it is 57 % cheaper than the average price in Flowood, Rankin County. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Apartment". At a price of $219,633 it is 56 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $37 / sq.feet followed by "Apartment" priced at $42 / sq.feet. "Apartment" is the cheapest type of property with a $42 / sq.feet value followed by "Townhouse" with an average price of $37 / sq.feet.
